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Local Economy News Oil

Economists Praise Cabinda Refinery Launch as Key to Angola’s Energy Independence

Angolan Economists Highlight Cabinda Refinery as Milestone for Energy Self-Sufficiency and Job Creation Angolan economists have hailed the inauguration of the Cabinda refinery as a major milestone for the country’s energy sector, signaling increased self-sufficiency and reduced reliance on imported fuel. The Cabinda refinery, a private investment with 90% equity from Gemcorp and 10% from state-owned Sonangol, was officially opened on Monday by President João Lourenço. Economist Daniel Sapateiro emphasized that this is the first

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Corporate News Exploration International Oil

Nigeria Partners with TotalEnergies and Sapetro for Offshore Oil Exploration in Niger Delta

Nigeria Signs Offshore Production-Sharing Contract with TotalEnergies and Sapetro to Boost Exploration Nigeria has signed a production-sharing contract (PSC) with TotalEnergies and local firm South Atlantic Petroleum (Sapetro) for two offshore blocks, aiming to attract investment and accelerate exploration under the country’s new oil framework. As Africa’s largest oil producer, Nigeria seeks to revitalize its upstream sector amid global energy transition pressures and declining fossil fuel investments. The agreement covers petroleum prospecting licences (PPL) 2000

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Corporate News International Oil

Dangote Refinery Sources Crude from Ghana for First Time Amid Diversification Push

Dangote Refinery Expands Feedstock Strategy, Sources Crude from Ghana as Output Nears Full Capacity Nigeria’s Dangote Refinery has, for the first time, sourced crude oil from Ghana, reflecting its ongoing diversification strategy as the $20 billion project works to stabilize output and address speculation about technical setbacks. Since production began, Dangote Refinery has imported crude from Nigeria, Brazil, Angola, Ghana, and Equatorial Guinea, according to Devakumar Edwin, Executive Director at Dangote Industries. Energy intelligence firm

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Oil Exploration Gas News

Africa’s Energy Sector Surges in 2025 with Major Oil and Gas Discoveries

Africa’s 2025 Oil and Gas Boom: Congo, Rwanda, Namibia, and Angola Lead Exploration Growth Africa’s energy sector is accelerating in 2025, as countries across the continent announce major oil and gas discoveries, issue new exploration licenses, and launch ambitious surveys to tap untapped reserves. One of the latest developments is a new oil exploration licensing agreement between the Republic of Congo and Qatar. From Central Africa to the Atlantic coast, governments and international energy companies

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International Exploration News Oil

Kenya Launches Bidding for 10 Oil Exploration Blocks in First Licensing Round in Six Years

Kenya Opens Bidding for 10 Oil Exploration Blocks with New Petroleum Legislation The East African nation holds a total of 50 blocks across four sedimentary basins, with 10 now ready for marketing, according to Mohamed Liban, Principal Secretary for Petroleum. Petroleum Commissioner Joseph Otieno said the blocks on offer are located in the Anza and Lamu basins. The selection of these blocks was guided by detailed geoscientific data, ensuring a transparent allocation process. The government

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Corporate News International Oil Petroleum

Dangote Refinery Boosts Exports Amid Middle East Refinery Downtime

Dangote Oil Refinery Increases Exports to Middle East as Regional Refinery Shutdowns Create Market Opportunities Africa’s largest oil refinery, the Dangote Oil Refinery in Lekki, has seen a substantial rise in the volume of refined products exported in recent months, particularly to markets in the Middle East. A report by Punch newspaper highlighted that the surge is largely due to downtime at other regional refineries, creating a supply gap that the $20 billion Lekki-based refinery

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Corporate News Local Oil

Angola’s Cabinda Refinery Set to Cut Fuel Imports and Boost Domestic Production by 2025

Angola’s Cabinda Oil Refinery to Begin Fuel Production by 2025, Reducing Reliance on Imports Angola’s long-awaited Cabinda oil refinery, the first new refinery built since the country gained independence nearly five decades ago, is expected to start producing fuel before the end of 2025, Oil and Gas Minister Diamantino Azevedo announced Monday. The 30,000-barrel-per-day (bpd) facility will be Angola’s second refinery and aims to reduce the country’s dependence on costly fuel imports, especially as the

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Local Gas Oil Technology & Innovation

Angola’s Oil & Gas Sector Embraces Digital Innovation and Clean Energy

Angola’s Oil & Gas Sector Embraces Digital Transformation and Clean Energy Transition Angola is accelerating its transformation into a modern energy hub by deploying cutting-edge digital technologies in oil and gas exploration while expanding its renewable energy portfolio. The country, traditionally dependent on crude exports, is pursuing a balanced strategy: boosting efficiency in hydrocarbon production while investing in clean energy and infrastructure that can power sustainable growth. Angola’s oil-rich offshore basins remain a cornerstone of

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International Mining Oil

DRC Launches Workshop to Boost Transparency in Mining, Oil, and Forestry Contract Disclosures

DRC Advances Extractive Sector Transparency with Mining, Oil, and Forestry Contract Disclosure Workshop The EITI-DRC Technical Secretariat launched a two-day workshop on the disclosure of mining, oil, and forestry concession contracts on Thursday, August 28, 2025, at the Lubumbashi Hotel. The workshop is part of the ENCORE Project, funded by the IDA/World Bank through the Ministry of Finance, and aims to strengthen transparency and governance in the Democratic Republic of Congo’s extractive sector. From August

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Corporate News International Oil

Chevron Supports Two-Year Emergency Food Program to Combat Malnutrition in Namibia

Chevron Backs Namibia’s Emergency Food Support Program to Aid Vulnerable Communities Harmattan Energy Ltd. (“Chevron”) has pledged support for a two-year Emergency Food Support Programme in Namibia aimed at addressing acute food insecurity and malnutrition. Developed by Palms for Life in partnership with local organizations and the Office of the Vice President, the program will run from September 2025 to September 2027 across eight regions. It will provide daily nutritious meals to 3,150 highly vulnerable

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